🔴 Bitcoin market turns red again; is the $80,000 support level at risk?
🖥 On Thursday, the price of Bitcoin fell by nearly 3% after failing to break through the $85,000 resistance level, reaching the $81,500 range.
🔸 The stock market conditions in major countries are not very good either. When the US stock market opened, $790 billion in market capitalization was lost, and Tesla's lower-than-expected capital expenditures have once again heightened concerns about AI.
🔸 Today, nearly $1 trillion in value was also lost from the six Asian stock markets. For example, the South Korean KOSPI index fell by 3.5%, and the Chinese stock market officially entered a bear market.
🔸 Technically, Bitcoin is still making lower highs, and the $80,000 to $81,500 range is considered the next important support level.
❌ What do you think? If you think the Bitcoin decline will continue, 👍 and if you disagree, 👎.
⭕</b> Follow the @Richie Rich Pro
$BTC
🖥 On Thursday, the price of Bitcoin fell by nearly 3% after failing to break through the $85,000 resistance level, reaching the $81,500 range.
🔸 The stock market conditions in major countries are not very good either. When the US stock market opened, $790 billion in market capitalization was lost, and Tesla's lower-than-expected capital expenditures have once again heightened concerns about AI.
🔸 Today, nearly $1 trillion in value was also lost from the six Asian stock markets. For example, the South Korean KOSPI index fell by 3.5%, and the Chinese stock market officially entered a bear market.
🔸 Technically, Bitcoin is still making lower highs, and the $80,000 to $81,500 range is considered the next important support level.
❌ What do you think? If you think the Bitcoin decline will continue, 👍 and if you disagree, 👎.
⭕</b> Follow the @Richie Rich Pro
$BTC